From what I heard recently, SP Setia might change its initial plan of Corporate Office Tower in Setia Walk to high-end serviced apartment, which probably designed bigger build up areas and luxury concepts compare to current The Solace, Brio and Vio Serviced Apartment.

Don’t get me wrong! I say, I heard only, so far SP Setia hasn’t revealed anything about the changes. However, it is an interesting case study to analysis why the property developer makes such a decision, does it an advantage or disadvantage for existing investors who bought The Solace, Brio and Vio, I mean if the changes are confirmed.

Doubt No.1 – Oversupply Shop Lot and Office in Puchong?

They change it because The Puchong Financial Corporate Centre (PFCC) developed by IOI Properties is just next door and believed the supplies of offices are sufficient to cater the current demand in Puchong area? Bear in mind, the newly completed IOI Boulevard is located just not far from SetiaWalk.

Doubt No.2 – Overwhelming Response on Serviced Apartment?

They change it because of the overwhelming response from buyers during the launching of both Brio and Vio Serviced Apartment? Just can’t imagine the developer sell their products like a hot cake even though the prices are generally deemed a bit too high. But the fact is, buyers are queuing overnight for it! Total of 759 units from the 3 blocks serviced apartments are almost fully sold out now.



Where are the high growth areas for investment property hotspots in Klang Valley, Penang and Johor Baru? The answers are all inside Personal Money Issue #105, May 2010. Here are the summaries of property hot spots and some highlight projects mentioned in the magazine:

Hotspots in Klang Valley
  • Klang / Shah Alam
    • Setia Alam (S P Setia Berhad), Setia Eco Park (S P Setia Berhad), Aman Perdana (Mah Sing Group Berhad), Bukit Tinggi (WCT Berhad), Bandar Botanic (Gamuda Land Sdn Bhd), Alam Impian (I & P Group Sdn Bhd)
  • Jalan Lapangan Terbang / Saujana / Ara Damansara
    • Ara Damansara (Sime Darby Berhad), Glenmarie Residences (Horsedale Development Berhad)
  • Kota Damansara / Sungai Buloh Corridor
    • Sunway Damansara (Joint venture between Sunway City Berhad and Selangor State Development Corporation, PKNS), Tropicana Indah (Dijaya Corporation Berhad), De Strand (Encorp Berhad), Sierra Damansara (Talam Corporation Berhad)
  • Bandar Utama / Mutiara Damansara / Damansara Perdana / Desa ParkCity
    • Bandar Utama (See Hoy Chan Sdn Bhd Group), Damansara Perdana (MK Land Holdings Berhad), Desa ParkCity (Perdana ParkCity Sdn Bhd, Samling Group), Kayu Ara (Ong Chong Realty Sdn Bhd), Segambut (mix developers)

  • Bukit Jalil / Kinrara / Puchong / Seri Kembangan Corridor
    • Bukit Jalil (Malton Berhad, Pioneer Haven Sdn Bhd, Berjaya Land Berhad etc), Kinrara (Perumahan Kinrara Berhad, I&P Group), Puchong (IOI Properties Berhad, SP Setia Berhad, YTL Land & development Berhad etc), Seri Kembangan (Equine Capital Berhad, LBS Bina Berhad, Permatanah Sdn Bhd etc)
  • Melawati / Ulu Kelang / Wangsa Maju
    • Riana Green East (IJM Properties Sdn Bhd), Desa Putra (JV between Landmarks Berhad and MCL Land Limited), Seri Maya (Tan & Tan Development Berhad)
  • Kuala Lumpur City Centre (KLCC)
Hotspots in Penang
  • Batu Maung
  • Sungai Ara / Relau and Teluk Kumbar / Bayan Lepas
  • Simpang Ampat, Bukit Tambun
Hotspots in Johor Baru
  • Nusajaya
  • Tebrau Corridor



Title: The Millionaire Real Estate School For Beginners
Author: Wendy Koh
Price: RM29.90
Publisher: True Wealth Sdn Bhd

How to make money from property investment in Malaysia? For me, there is no short cut! Learn from the basic and understanding how it works in real estate investment.

Property book is a good source! Especially those written by local property gurus like: Azizi Ali, Ho Chin Soon, Renesial Leong, Milan Doshi, Juanita Chin etc. Now we have Wendy Koh!

In fact, we do not have many choices of real estate books written by local in Malaysia, sad to say that. Therefore, I bought the book. I haven’t finished read the book, but one thing I like about it is the attachments in appendix, the different samples of land title for:

  • Freehold property
  • Leasehold property
  • Title with restriction in interest
  • Title without restriction in interest
  • Freehold land with restriction in interest on title
  • Master title: Land search report conducted on a master title
  • Individual title
  • Strata title

Learn these interesting topics from the book:

  • How to evaluate your options to ensure the purchase of the best real estate possible
  • How to identify the best strategy that will attain the highest value and profit
  • 3 different ways of acquiring your real estate
  • 6 common mistakes to avoid when acquiring real estate
  • How to make money from your investments

About The Author: Wendy Koh is a practicing lawyer with an established firm. She has always been inspired by the self-made millionaire who makes up the lengthy list of her esteemed clients. Hence she began conducting detailed study on the way these self-made millionaires manage their finances, wealth and attained fortune in real estate. Source: BookPlanet

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